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Re: A possible way out of this mess?

By Peter Borrett11/10/2024 22:20Fri Oct 11 22:20:09 2024In response to Re: A possible way out of this mess?

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This raises an interesting question. Though I have a strong financial background company law is a bit low on my reader.
So the £xxx,xxx of cash which , at the moment , is ringfenced and therefore conditional. So if Kingstonian fc Ltd manage to build a ground using the £xxx,xxx then the assets will have far more value than at present. due to no conditions. Whoever has the shares in Kingstonian fc Ltd could sell their shares at a greater return to whoever who then can do a Khoslas and sell on at a greater profit to someone whose interest is not Kingstonian. Or am I mistaken and the conditions relating to the AFC money continue after the ground is built.
Could this be a reason why the present board would be willing to give up their shareholding?

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